What is a SWIFT Transfer?
SWIFT (Society for Worldwide Interbank Financial Telecommunication) is a global payment network that enables secure international bank transfers. It allows businesses and individuals to send and receive funds across different countries and currencies.
What are the benefits of using SWIFT with XARU?
Global Reach: Send and receive payments worldwide, supporting multiple currencies.
Security & Reliability: Transactions are processed through a secure banking network with strict compliance measures.
Tracking & Transparency: Each transfer has a unique reference number, allowing easy monitoring of the payment status.
Business-Friendly Solutions: Ideal for international trade, supplier payments, and cross-border business transactions.
How Do I Send a SWIFT Transfer?
To initiate a SWIFT transfer, simply enter the recipient’s bank details, including their IBAN or account number and SWIFT/BIC code, through your XARU account. Once processed, the transfer will be securely delivered to the recipient’s bank.